This charming duplex, located at 329 & 329 ½ Pasadena Avenue, offers two spacious 2-bedroom, 2-bathroom units ideal for both investors and owner-occupants. Each unit features a well-appointed layout with a den, formal dining room, living room with in-unit laundry, and front and back patios, totaling 830 sq. ft. The second unit will be delivered vacant, providing flexibility for future leasing or owner-occupation. With a total building square footage of 1,660 sq. ft., this property is competitively priced at $1,250,000, reflecting $753 per square foot. Positioned near popular local attractions, shopping, and the coveted South Pasadena school district, this duplex offers a strong long-term investment with potential for rental income growth. Recent comps in the area suggest market rates for these units could range between $2.50 and $3.86 per sq. ft., presenting an opportunity for even higher returns in this sought-after neighborhood. Furthermore, both the duplex and the adjacent four-unit property can be combined for a total asking price of $3,200,000, with significant potential for future density development.
MLS #
CRSW24218961
MLS Source
California Regional MLS
Bedrooms
Primary Suite/Retreat
Appliances
Other
Family Room
Other
Fireplace
None
Laundry
Other
Cooling
Window/Wall Unit
Pool
None
Garage/Parking
Garage: 0 Car(s)
Elementary District
South Pasadena Unified
High School District
South Pasadena Unified
HOA Fee
$0
Zoning
SPR310000*
Listing Agent
Michael Onyemaobi
Revel Real Estate
License #: 02179969
Phone: (951) 445-6981
Co-Listing Agent
John Campbell
Revel Real Estate
License #: 01969583
Phone: (310) 279-8117
329 -329 1/2 Pasadena Ave is a Duplex in South Pasadena, CA 91030. This 1,660 square foot property sits on a 6,961 Sq Ft Lot and features 4 bedrooms & 4 full bathrooms. It is currently priced at $1,250,000 and was built in 1923.
This address can also be written as 329 -329 1/2 Pasadena Ave, South Pasadena, CA 91030.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 22, 2024. For the most current information, please contact Michael Onyemaobi, (951) 445-6981